Innoviz develops solid-state LiDAR sensors and perception software specifically designed for autonomous vehicles, enabling accurate 3D mapping and object detection. This technology addresses the need for reliable and safe navigation in complex driving environments, enhancing the functionality of Level 3 autonomous driving systems.
Funding
$65M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing autonomous vehicle systems struggle to achieve reliable 3D perception in diverse and challenging driving conditions, leading to safety concerns and limiting the widespread adoption of Level 3 automation. Current sensor technologies often lack the necessary range, resolution, and robustness to accurately detect and classify objects, especially in adverse weather or low-light environments.
Solution
Innoviz provides high-performance LiDAR sensors and perception software designed to enable safe and reliable Level 3 autonomous driving. Their solid-state LiDAR technology delivers long-range detection, high-resolution 3D mapping, and accurate object classification, even in challenging conditions such as darkness, rain, and fog. The Innoviz perception software leverages AI algorithms to process point cloud data from the LiDAR sensors, providing a comprehensive understanding of the vehicle's surroundings. This combination of advanced hardware and intelligent software enables autonomous vehicles to navigate safely and confidently in complex environments.
Target Audience
The primary target audience includes automotive OEMs developing Level 3 autonomous driving systems, as well as technology companies and mobility providers focused on advanced driver-assistance systems (ADAS) and autonomous vehicle solutions.
Features
- Solid-state LiDAR design for enhanced reliability and durability
- Long-range detection capabilities, exceeding industry standards for Level 3 autonomy
- High-resolution 3D mapping for accurate environmental representation
- Advanced perception software powered by AI for object detection, classification, and tracking
- Seamless integration with automotive systems and electronic control units (ECUs)
- Automotive-grade certification for safety and performance
- Support for over-the-air (OTA) software updates for continuous improvement
- Customizable perception algorithms to meet specific OEM requirements